UPL Limited

Web: upl-ltd.com NSE: UPL BSE: 512070 SECTOR: Chemicals - Fertilizers & Agrochemicals | Add Note | View Notes

514 16(-3%)

Near 52W Low of 476

Volume

14L as on 16, Oct

Open

563

High

565

Low

560

530

VWAP

537

52 Week High

812

52 Week Low

476

Viand Research Rating

Quality Score

58/100

Growth Score

65/100

Valuation Score

50/100

Momentum Score

20/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

43,433

No. of Shares

84.4

P/E

168.26

P/B

5.36

Face Value

Div. Yield

Book Value (TTM)

CASH

DEBT

EPS (TTM)

ROE

3.19

ROCE

Profit Growth

Listing Date

23-Jan-04

Rank/Sector Rank

#221/#8

Promoter Holding

33.5%

FII Holding

41.78%

DII Holding

14.63%

Price Chart

Price Performance

1 Week9%

1 Month3%

3 Months15%

6 Months19%

1 Year21%

YTD34%

Moving Average

5 Day SMA531

10 Day SMA513

20 Day SMA532

30 Day SMA545

50 Day SMA555

61 Day SMA564

80 Day SMA571

200 Day SMA631

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	558	544	554	557
Resistance 2	554	543	550	553
Resistance 1	547	542	547	546
Pivot Point	543	541	543	543
Support 1	537	540	539	536
Support 2	533	539	537	532
Support 3	526	538	533	525

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	SOLARINDS	1,74,275	19259	0%	6%	33%	42%	89	47.8	0.24	1737
2	PIDILITIND	1,51,243	1485	1%	3%	13%	2%	62	47.8	0.04	2471
3	SRF	68,326	2305	2%	0%	1%	22%	0	47.8	0.36	1835
4	COROMANDEL	52,671	1785	3%	9%	15%	19%	0	47.8	0.12	1898
5	LINDEINDIA	50,113	5876	3%	2%	14%	1%	0	47.8	0.02	551
6	FLUOROCHEM	47,796	4351	2%	3%	30%	18%	0	47.8	0.35	574
7	FACT	45,392	702	1%	2%	16%	17%	0	47.8	2.95	-40
8	UPL	43,433	514	9%	3%	19%	21%	0	47.8	0.68	2220
9	NAVINFLUOR	41,152	8023	2%	0%	31%	58%	0	47.8	0.01	488
10	PIIND	31,906	2103	3%	3%	30%	38%	0	47.8	0.01	1435
Load More

Shareholding Pattern (%)

	Mar 2026	Feb 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Jan 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021
Promoters	(0.01) 33.50%	(0.01) 33.50%	(0.01) 33.49%	(0.01) 33.49%	(0.01) 33.49%	(0.01) 33.50%	(0.01) 33.50%	(1.01) 33.50%	(0.01) 32.51%	(0.01) 32.51%	(0.01) 32.51%	(0.01) 32.51%	(0.01) 32.51%	(0.01) 32.51%	(1.61) 32.51%	(1.81) 30.91%	(0.01) 29.13%	(0.51) 29.13%	(0.21) 28.62%	(0.31) 28.41%	(0.01) 28.12%
FIIs	(1.51) 41.78%	(1.51) 40.32%	(1.81) 38.84%	(2.11) 37.01%	(0.71) 34.90%	(1.71) 34.22%	(0.01) 32.52%	(-1.71) 32.52%	(-0.31) 34.22%	(0.91) 34.51%	(-0.81) 33.64%	(0.81) 34.39%	(-4.41) 33.57%	(-0.71) 37.96%	(1.51) 38.69%	(1.61) 37.18%	(-0.91) 35.57%	(1.21) 36.44%	(1.01) 35.29%	(-0.91) 34.26%	(0.01) 35.12%
DIIs	(-1.51) 14.63%	(-0.61) 16.12%	(-0.51) 16.71%	(-0.91) 17.17%	(-0.51) 18.09%	(-0.31) 18.56%	(0.01) 18.89%	(1.31) 18.89%	(1.91) 17.64%	(0.41) 15.73%	(-1.51) 15.33%	(-0.41) 16.82%	(2.01) 17.27%	(0.91) 15.24%	(-1.81) 14.39%	(-1.01) 16.19%	(0.71) 17.19%	(-1.31) 16.47%	(-0.91) 17.81%	(0.71) 18.66%	(0.01) 17.98%
Government	0.02%	0.02%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	10.05%	10.04%	10.94%	12.33%	13.50%	13.72%	15.08%	15.08%	15.59%	17.23%	18.51%	16.27%	16.64%	14.27%	14.37%	15.70%	18.11%	17.97%	18.29%	18.67%	18.78%
No. of Shareholders	276,989	271,360	268,604	284,675	306,975	323,800	359,355	359,355	376,289	438,889	483,514	408,028	383,299	280,819	253,548	253,054	269,168	245,370	240,012	245,135	237,555

Quarterly Results

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021	Jun 2021
Sales	18335	12269	12019	9216	15573	10907	11090	9067	14078	9887	10170	8963	16569	13679	12507	10821	15861	11297	10567	8515
Sales Growth % (YoY)	17.7%	12.5%	8.4%	1.6%	10.6%	10.3%	9%	1.2%	-15%	-27.7%	-18.7%	-17.2%	4.5%	21.1%	18.4%	27.1%	24%	23.8%	18.2%	8.7%
Sales Growth % (QoQ)	49.4%	2.1%	30.4%	-40.8%	42.8%	-1.7%	22.3%	-35.6%	42.4%	-2.8%	13.5%	-45.9%	21.1%	9.4%	15.6%	-31.8%	40.4%	6.9%	24.1%	-
Expenses	14854	10033	10072	7820	12409	9229	9873	7998	12230	9820	9049	7747	13847	10795	10090	8675	12481	8853	8636	6745
Operating Profit	3481	2236	1947	1396	3164	1678	1217	1069	1848	67	1121	1216	2722	2884	2417	2146	3380	2444	1931	1770
OPM %	19	18	16	15	20	15	11	12	13	1	11	14	16	21	19	20	21	22	18	21
Other Income	162	36	392	152	-168	94	103	49	66	134	18	58	302	129	35	25	62	31	17	-15
Interest	836	774	784	1007	914	730	1070	913	1090	1191	871	700	906	894	644	519	800	529	359	607
Depreciation	915	827	771	731	705	688	697	660	794	676	657	636	727	624	608	588	642	600	566	551
Profit before tax	1892	671	784	-190	1377	354	-447	-455	30	-1666	-389	-62	1391	1495	1200	1064	2000	1346	1023	597
Tax %	32	27	22	-7	22	-141	31	16	367	-4	-25	-265	22	9	19	6	13	12	24	-25
Net Profit	1294	490	612	-176	1079	853	-585	-527	-80	-1607	-293	102	1080	1360	969	1005	1735	1179	774	749
Net Profit Growth % (QoQ)	164.1%	-19.9%	447.7%	-116.3%	26.5%	245.8%	-11%	-558.8%	95%	-448.5%	-387.3%	-90.6%	-20.6%	40.4%	-3.6%	-42.1%	47.2%	52.3%	3.3%	-
Net Profit Growth % (YoY)	19.9%	-42.6%	204.6%	66.6%	1448.8%	153.1%	-99.7%	-616.7%	-107.4%	-218.2%	-130.2%	-89.9%	-37.8%	15.4%	25.2%	34.2%	-	-	-	-
TTM Net Profit	2220	2005	2368	1171	820	-339	-2799	-2507	-1878	-718	2249	3511	4414	5069	4888	4693	4437	2702	1523	0
EPS in Rs	12.57	4.7	6.56	-1.04	10.61	9.81	-5.25	-4.55	0.47	-14.41	-2.24	1.97	9.38	12.87	9.64	10.39	16.04	10.89	7.38	8.86

Profit and Loss

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Sales	51839	46637	43098	53576	46240	38694	35756	21837	17378	16312	14048	12091	10771	9186
Sales Growth %	11.2%	8.2%	-19.6%	15.9%	19.5%	8.2%	63.7%	25.7%	6.5%	16.1%	16.2%	12.2%	17.3%	19.7%
Expenses	42761	39509	38801	43380	36711	30342	28984	18024	13966	13346	11700	9728	8753	7531
Operating Profit	9078	7128	4297	10196	9529	8352	6772	3813	3412	2966	2348	2363	2018	1654
OPM %	18	15	10	19	21	22	19	17	20	18	17	20	19	18
Other Income	724	78	231	464	91	62	-515	-197	351	363	149	-11	30	72
Interest	3401	3627	3852	2963	2295	2060	1481	963	783	735	704	517	485	429
Depreciation	3244	2750	2763	2547	2359	2173	2012	880	675	672	676	425	407	354
Profit before tax	3157	829	-2087	5150	4966	4181	2764	1773	2305	1922	1117	1410	1157	944
Tax %	30	1	-10	14	11	16	21	11	12	10	15	17	19	22
Net Profit	2220	820	-1878	4414	4437	3495	2178	1575	2030	1733	952	1187	957	773
Net Profit Growth %	170.7%	143.7%	-142.5%	-0.5%	27%	60.5%	38.3%	-22.4%	17.1%	82%	-19.8%	24%	23.8%	-
EPS in Rs	22.78	10.62	-14.21	42.28	42.18	33.4	20.66	17.35	23.57	20.18	13	15.82	13.13	10.37
Dividend Payout %	0	53	-6	21	21	27	26	27	20	20	23	19	18	14

Cash Flows

	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Cash from Operating Activity	10151	2321	7751	6496	7212	8739	2356	2839	2585	1396	1409	1441	1699
Cash from Investing Activity	-1823	-2509	-1354	-3575	-2426	-2666	-31282	-2059	-1022	-1734	-463	-427	-765
Cash from Financing Activity	-4793	164	-6227	-1921	-6713	-2175	28893	-801	140	469	-991	-1680	-72
Net Cash Flow	3535	-24	170	1000	-1927	3898	-33	-21	1703	131	-45	-667	862

Balance Sheet

	Mar 2026	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Equity Capital	169	169	159	150	150	150	153	153	153	102	102	101	86	86	86	89
Reserves	34527	31725	29054	26782	24657	26708	24508	20734	19129	14613	9067	7214	5803	5775	5162	4557
Borrowings	23576	30022	25099	33217	29754	23939	26746	24519	29388	29139	6638	6443	5258	3281	3349	4203
Other Liabilities	36933	29475	31700	24976	30579	35318	29196	23359	19758	18581	7148	6454	5722	5143	4162	3487
Total Liabilities	95205	91391	86012	85125	85140	86115	80603	68765	68428	62435	22955	20212	16869	14284	12759	12336
Fixed Assets	44301	42247	39084	40474	39056	38713	36193	34765	35321	32149	4437	4071	3862	4031	3821	3489
CWIP	999	794	2546	1098	2965	2818	2501	2117	2073	1855	1319	792	484	583	228	378
Investments	2666	2604	2328	2072	2154	1615	1922	618	558	708	1034	378	335	764	737	1025
Other Assets	47239	45746	42054	41481	40965	42969	39987	31265	30476	27723	16165	14971	12188	8906	7973	7444
Total Assets	95205	91391	86012	85125	85140	86115	80603	68765	68428	62435	22955	20212	16869	14284	12759	12336

Delivery

Delivery Data: UPL

#	Date	476 24% 591	Value (Cr)	Q/T 135	Del 46	Del 94
1	21-Oct	514	106	72	59	62
2	19-Oct	530	32	37	48	15
3	16-Oct	535	77	47	57	44
4	15-Oct	541	92	70	49	46
5	14-Oct	542	171	66	41	69
6	13-Oct	525	100	58	51	52
7	12-Oct	515	156	70	34	54
8	9-Oct	488	65	68	53	34
9	8-Oct	481	99	38	57	57
10	7-Oct	495	109	51	58	63
11	6-Oct	510	61	53	53	32
12	5-Oct	502	270	124	58	156
13	1-Oct	517	129	68	60	78
14	30-Sep	540	168	75	66	111
15	29-Sep	538	176	75	53	93
16	28-Sep	550	85	76	61	52
17	25-Sep	550	113	48	60	67
18	24-Sep	550	70	44	58	41
19	23-Sep	553	178	80	69	123
20	22-Sep	560	153	72	66	100
21	21-Sep	560	152	87	66	101
22	18-Sep	580	215	116	81	174
23	17-Sep	555	100	52	52	52
24	16-Sep	551	169	62	66	111
25	15-Sep	561	90	46	51	46
26	11-Sep	573	83	48	57	47
27	10-Sep	575	72	76	64	46
28	9-Sep	576	101	60	57	58
29	8-Sep	577	94	62	66	62
30	7-Sep	573	102	75	55	56
31	4-Sep	582	101	60	62	62
32	3-Sep	585	96	68	60	57
33	2-Sep	578	232	124	57	132
34	1-Sep	567	230	233	11	26
35	31-Aug	562	145	113	72	104
36	28-Aug	571	68	55	50	34
37	27-Aug	578	74	47	55	41
38	26-Aug	589	121	89	50	61
39	25-Aug	585	223	79	43	95
40	24-Aug	572	84	60	48	40
41	21-Aug	569	50	44	48	24
42	20-Aug	572	162	61	61	99
43	19-Aug	568	155	74	55	84
44	18-Aug	560	99	71	68	67
45	17-Aug	567	63	43	59	37
46	14-Aug	563	87	47	57	50
47	13-Aug	568	58	43	54	31
48	12-Aug	570	83	53	60	50

Daily Market Cap

Date	Total Market Cap	Change	Chg %
21-Oct	43,433c	1,338c	2.99
19-Oct	44,771c	363c	0.80
17-Oct	45,134c	0	0
16-Oct	45,134c	540c	1.18
15-Oct	45,674c	148c	0.32
14-Oct	45,822c	1,528c	3.45
13-Oct	44,294c	832c	1.91
12-Oct	43,462c	2,178c	5.28
09-Oct	41,284c	675c	1.66
08-Oct	40,609c	3,685c	8.32
05-Oct	44,294c	756c	1.68
01-Oct	45,049c	186c	0.41
29-Sep	45,235c	1,152c	2.48
28-Sep	46,387c	139c	0.30
25-Sep	46,248c	300c	0.64
24-Sep	46,548c	718c	1.52
22-Sep	47,265c	1,195c	2.46
10-Sep	48,460c	498c	1.02
07-Sep	48,958c	566c	1.14
04-Sep	49,523c	0	0

Stock Checklist

Price is above from 52 week high low average: 11%

Stock is trading above all short term SMAs: NO

Stock is trading above all long term SMAs: NO

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: YES

Promoters are buying the stock: NO

Mutual Fund Holdings

Held by 255 fund scheme(s) across 34 fund house(s) as of Oct26 · Total value ₹7,816 Cr · 49 increasing / 77 decreasing · View in MF Pro →

Fund House	Schemes	Weight %	Change	Value (Cr)
ICICI Prudential Mutual Fund	40	0.58%	+0.04%	2931.3
SBI Mutual Fund	16	0.66%	-0.01%	2122.8
Kotak Mahindra Mutual Fund	12	0.28%	+0.19%	456
Aditya Birla Sun Life Mutual Fund	10	0.69%	-0.01%	403.3
HDFC Mutual Fund	16	0.12%	-0.02%	343
UTI Mutual Fund	16	0.70%	+0.38%	341.3
Edelweiss Mutual Fund	15	0.38%	-0.17%	247
Tata Mutual Fund	10	0.45%	+0.03%	170.4
Invesco Mutual Fund	2	0.34%	-0.41%	165
ICICI Prudential Asset Management Company Limited	3	0.08%	+0.06%	138
Bandhan Mutual Fund	12	0.49%	-0.04%	103.2
Axis Mutual Fund	8	0.46%	-0.01%	78.1
Motilal Oswal Mutual Fund	6	0.49%	+0.01%	69.5
Nippon India Mutual Fund	8	0.15%	+0.01%	44.5
Franklin Templeton Mutual Fund	2	1.60%	+1.00%	38.5
Navi Mutual Fund	14	1.35%	+0.04%	32.3
quant Mutual Fund	4	0.18%	+0.73%	27.6
Mirae Asset Mutual Fund	10	0.17%	+0.06%	27
Sundaram Mutual Fund	2	3.45%	-0.20%	23.7
DSP Mutual Fund	6	0.26%	-0.01%	21.2
Union Mutual Fund	2	2.88%	+1.16%	9.2
Zerodha Mutual Fund	4	0.37%	-0.01%	7
NJ Mutual Fund	4	0.07%	+0.01%	4.8
Jio BlackRock Mutual Fund	3	0.32%	-	2.6
Bank of India Mutual Fund	2	1.72%	+0.03%	2.5
JM Financial Mutual Fund	2	0.25%	-0.04%	2
Groww Mutual Fund	10	0.11%	-	1.8
Old Bridge Mutual Fund	2	0.25%	-	1
Unifi Mutual Fund	2	0.04%	-0.12%	1
HSBC Mutual Fund	2	0.01%	-0.04%	0.3
Angel One Mutual Fund	2	0.15%	-0.01%	0.2
Baroda BNP Paribas Mutual Fund	4	0.01%	+0.01%	0.1
PGIM India Mutual Fund	2	0.00%	-0.88%	0
Bajaj Finserv Mutual Fund	2	0.00%	-0.09%	0

UPL Limited

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